It's not just A levels that appear to be getting easier.

Posted by Mark on 1st Oct 2010
In July the CES published the results of exhaustive stress test designed to put investors minds at rest that Europe's banking industry was ready to withstand the slings and arrows of further outrageous fortune, and thus end them, to dream upon a better world (I didn't get English A Level, but you get my drift).

The test measured if they had sufficient Tier One capital to survive highly improbably events such as sovereign default.

Out of 91 institutions given the once over seven failed, five Spanish two German.

No Irish.

Oh dear.

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